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After WeWork’s tumultuous year, one analyst explains how SoftBank can still have the ‘last laugh’

WeWork could be worth more than $23 billion by the end of 2023, according to Bernstein analyst Chris Lane,

WeWork chairman posts photos from lavish, Michelin-starred dinner a day after his company began laying off 2,400 employees

The embattled startup confirmed Thursday that it was laying off 2,400 employees, or about 20% of its global workforce.
SoftBank CEO Masayoshi Son

The WeWork fiasco might cost SoftBank a $2.8 billion loan from Japan’s biggest banks

There's "a definite change in mood" towards SoftBank since the WeWork debacle.
WeWork co-founder Adam Neumann.

Ousted WeWork CEO Adam Neumann can still reportedly name directors to WeWork’s board, even though he left the company

Even after resigning as WeWork's CEO and chairman, Adam Neumann can still influence the company through its board, according to a new FastCo. report.
The We Company CEO Adam Neumann.

SoftBank is reportedly holding up a big chunk of its $9.5 billion bailout of WeWork — and it’s causing ‘lots of anxiety’

Worried investors bid down the price of WeWork's junk bonds, driving their yield and spread to record highs.
WeWork cofounder and former CEO Adam Neumann

WeWork’s third-quarter losses and cash crunch show why SoftBank valued it below $5 billion

The troubled coworking startup lost more than $1.2 billion and its cash reserves shrunk by about $900 million.
WeWork chairman Marcelo Claure is trying to move WeWork beyond eccentric cofounder Adam Neumann

WeWork just released an investor presentation that offers numbers the company didn’t include in its widely-derided IPO documents

The presentation also highlighted a break with cofounder Adam Neumann, with new executives planning to focus on large companies as customers.
WeWork cofounder and former CEO Adam Neumann

WeWork’s value plunged more than 80% to below $5 billion last quarter, SoftBank says. Here’s why that’s a staggering drop

WeWork was valued higher than FedEx in January. It's latest price tag suggests it's now worth less than H&R Block.
WeWork cofounder and former CEO Adam Neumann.

A Manhattan real estate tycoon predicted WeWork would run into problems

Paramount CEO Albert Behler was "always certain" WeWork would falter, but its fall from grace "occurred a lot sooner than I anticipated."
WeWork cofounder and former CEO Adam Neumann

‘It seems insane now’: WeWork employees bought into cofounder Adam Neumann’s vision but grew worried as red flags mounted

He flew 8,000 employees to London for a company event last year and once floated the idea of a WeWork on water called WeSail, The New Yorker reported.